Category: Startups
AI recruiting startup Mercor hit by cyberattack; Meta halts collaboration
A few days ago, artificial intelligence (AI) recruiting startup Mercor confirmed it was hit by a security incident linked to the open-source tool LiteLLM. Media…
ETtech Deals Digest: Startups raise $187 million this week, down 28% on-year
Startups raised around $187 million in the week to February 2, a decline of 28% from the $262.1 million secured during the same period last…
Valuations do a quick jump at select startups
A clutch of Indian mid-stage startups are commanding sharp valuation spikes in short timeframes despite overall funding remaining muted, pointing to a narrowing pool of…
Fidelity marks down conversational AI platform Gupshup’s valuation by 80% to $278 million
A fund run by financial services giant Fidelity Investments has slashed the valuation of conversational messaging software provider Gupshup by over 80% from its initial…
AI startup Sarvam close to raising $300 million at $1.5 billion valuation
India’s homegrown artificial intelligence startup, Sarvam AI, is close to raising $300 million to $350 million as it seeks to build a domestic player that…
Database startup Supabase seeks to double valuation to $10 billion: Report
Singapore sovereign wealth fund GIC is in talks to lead an investment in open-source database startup Supabase at a valuation of about $10 billion, The…
FMCGs buying up Ayurveda startups for healthy growth
Ayurveda seems to have found a sweet spot in India’s FMCG playbook as national players turn to regional and niche brands in this space to…
Deepinder Goyal’s Lat Aerospace completes second demo of ultra-short take-off flight
Lat Aerospace completed a test flight of its latest technology demonstrator, Lat One v0.2, co-founder Deepinder Goyal shared in a social media post on Thursday….
Circulate Capital raises $220 million in first close of its Fund II
Circulate Capital, a Singapore-headquartered investment firm focused on the circular economy, has raised $220 million in the first close of its second fund, crossing more…
Legacy players gain ground in EV two-wheelers as Ola Electric slips
India’s electric two-wheeler (e2W) market, strongly contested by both incumbents and startups, saw a surge in sales in FY26 with most players expanding their market…